The US ban on cotton from Xinjiang has led China to import more cotton from other countries such as Vietnam and India. As a result, India’s exports to China increased significantly in Q4 FY21 and share of China in Indian exports increased to 25% in FY21 (from 22% in FY20). In FY22, the momentum in export growth is estimated to be higher due to revival in global economy along with ongoing restrictions on Xinjiang region produced cotton and possible similar restrictions from other countries such as UK, says Anuj Sethi, Senior Director, CRISIL Ratings, in this interview.
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After Piyush Goyal took over the reins of the Union Textile Ministry, the Government of India on July 14, 2021, gave its assent for the continuation of the Rebate of State and Central Taxes and Levies (RoSCTL) scheme on exports of apparels and made-ups till the end of March, 2024.
After Piyush Goyal took over the reins of the Union Textile Ministry, the Government of India on July 14, 2021, gave its assent for the continuation of the Rebate of State and Central Taxes and Levies (RoSCTL) scheme on exports of apparels and made-ups till the end of March, 2024.
In this interview, Pankaj Kapoor, Chairman & Founder of PARK Group, highlights on the opportunities for technical textile manufacturers in India and his growth plans for the company
In this interview, Pankaj Kapoor, Chairman & Founder of PARK Group, highlights on the opportunities for technical textile manufacturers in India and his growth plans for the company
In this interview with Rakesh Rao, Maj Gen OP Gulia, SM, VSM (retd) CEO of SVP Global Ventures Ltd highlights on the company’s forward integration plans and use of artificial intelligence in textile manufacturing.
In this interview with Rakesh Rao, Maj Gen OP Gulia, SM, VSM (retd) CEO of SVP Global Ventures Ltd highlights on the company’s forward integration plans and use of artificial intelligence in textile manufacturing.